Business

Union Budget FY27 gives hope to the infra space, after two disapp

The Union Budget for FY27 "gives some hope to the infra space after two consecutive years of disappointment," signalling a potential rebound in government spending, noted a Nuvama Research report on the recently announced Budget 2026.

2026-02-02T06:07:10.406616+00:00 IST

Financial sector measures in Budget to spur private investment

The announcements made in the Union Budget 2026 for the financial sector are expected to play a crucial role in crowding in private investment and accelerating infrastructure execution, according to a report by Union Bank of India.

2026-02-02T05:59:00.644666+00:00 IST

FY27 Budget balances fiscal consolidation with growth push

The Union Budget for FY27 has adopted a calibrated approach to fiscal consolidation while prioritising higher government spending and sector-specific incentives, according to a report by Jefferies.

2026-02-02T05:22:36.909047+00:00 IST

Nifty gain 0.3%, Sensex jumps 372 pts in opening on Monday, post

Domestic stock markets recovered from early losses and moved into positive territory in early trade on Monday after opening lower amid selling pressure triggered by the hike in Securities Transaction Tax (STT) announced in the Union Budget.

2026-02-02T04:23:34.439001+00:00 IST

Morgan Stanley positive on Indian stocks post budget

Global investment bank Morgan Stanley has reiterated a constructive view on Indian equities following the Union Budget, placing an overweight stance on Financials, Consumer Discretionary and Industrials, according to its latest report.

2026-02-02T03:03:52.143111+00:00 IST

Market borrowings to rise in FY27, higher supply likely to weigh

The Centre's market borrowings are set to rise sharply in FY27, a move that could put pressure on the bond markets, according to a report by the National Stock Exchange (NSE) on the Union Budget 2026-27.

2026-02-02T02:42:08.218228+00:00 IST

NBFCs merger to enhance capital strength, extend financing: DFS

In a post-Budget conversation with ANI, Secretary. DFS said, "Both Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) provide project financing to the public and private sectors in energy. If two NBFCs are financing the same projects in the same sector, it makes rational sense to examine a merger."

2026-02-01T17:43:48.059405+00:00 IST

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Business

Budget 2026 driven by “Yuva Shakti”

The Finance Minister noted that the economy faces global uncertainties, disrupted supply chains and rising demands for energy and critical minerals, necessitating resilient and forward-looking policy measures. Some of the key announcements of the budget were the public capital expenditure has been increased to Rs 12.2 lakh crore for FY 2026-27, up from Rs 11.2 lakh crore in the previous year, underlining the government's continued focus on infrastructure-led growth. Key initiatives include the development of seven high-speed rail corridors connecting major cities, new dedicated freight corridors, and the operationalisation of 20 national waterways over the next five years to promote environmentally sustainable transport systems.

2026-02-01T17:31:22.435855+00:00 IST

Business

Rupee, gold movements being monitored: DEA Secretary

The Centre and the Reserve Bank of India (RBI) are closely monitoring the movement of the rupee and fluctuations in gold and silver prices, and will take action as required to safeguard macroeconomic stability, Anuradha Thakur, Secretary, Department of Economic Affairs (DEA), said on Sunday.

2026-02-01T16:24:06.012592+00:00 IST

Business

STT hike on F&O aims to put a curb on “speculative” trading

Earlier in the day, the Income Tax Department issued a clarification on the hike in STT on futures and options trades

2026-02-01T16:16:45.549959+00:00 IST

Business

'Strategic disinvestment of IDBI Bank has moved to third phase'

The strategic disinvestment of IDBI Bank has moved to the third phase, which means that now the technical and financial bids will be invited, said Arunish Chawla, Secretary, Department of Investment and Public Asset Management (DIPAM) on Sunday.

2026-02-01T15:41:17.728820+00:00 IST

Business

'Infra focus expected to translate into tangible progress soon'

The Union Budget 2026-27, presented in Parliament on Sunday, has increased public capital expenditure to Rs 12.2 lakh crore in FY 2026-27, with industry experts saying that the increased outlay will revitalise project pipelines.

2026-02-01T14:59:40.059350+00:00 IST

Business

Budget announcements boost GIFT City’s attractiveness: MD Kaul

The Union Budget's proposals to extend tax exemptions send a strong signal to global investors and significantly strengthen GIFT City's position as an international financial services hub, said Sanjay Kaul, Managing Director and Group CEO of GIFT City, following the Budget announcement by the central government on Sunday.

2026-02-01T14:13:40.343890+00:00 IST

Business

Aligned with long-term economic goals: Indian Chamber of Commerce

Parthiv Neotia, Senior Vice President, ICC and Joint MD, AmbujaNeotia Group, while speaking with ANI said, "This budget is very interesting. I think it's a very inclusive budget. A lot of new areas and many sectors have been focused on. It's a very detailed budget, which I haven't usually seen in previous years."

2026-02-01T14:03:58.822880+00:00 IST

Business

Kerala did not implement previous projects: BJP state chief

Kerala Finance Minister K N Balagopal today said that budget was disappointing for Kerala in an election year, as the State had been expecting significant announcements like an AIIMS and high-speed rail corridors. He also expressed disappointment at the Centre's denial of a special package for Kerala, including an industrial corridor for the State despite the commissioning of the Vizhinjam Port.

2026-02-01T13:23:00.602320+00:00 IST

Business

Air India resumes direct Shanghai–New Delhi flights after 6 years

The Consulate General of India in Shanghai, under the leadership of Consul General Pratik Mathur, warmly welcomed the resumption of Air India's direct flight services between Shanghai and New Delhi, marking a major step forward in restoring people-to-people, business and institutional connectivity between India and China.

2026-02-01T13:10:44.956719+00:00 IST

Business

ICEA hails Budget 2026 for semiconductor and electronics boost

Welcoming the budget, India Cellular and Electronics Association (ICEA) said in a statement that, "the sustained focus on electronics manufacturing, the launch of India Semiconductor Mission (ISM) 2.0, and the significant expansion of the Electronics Component Manufacturing Scheme (ECMS) reaffirm the government's long-term commitment to building resilient domestic supply chains and strengthening India's position in global value chains."

2026-02-01T12:27:19.906909+00:00 IST

Business

Focus should be 8–9% growth, not stock market volatility

"India's focus should remain on achieving 8-9% economic growth over the next three decades, rather than being overly concerned with stock market fluctuations. Our vision should be growth and development, not merely the stock market," he said, calling for clarity of purpose and long-term policy consistency.

2026-02-01T12:19:47.234050+00:00 IST

Business

Budget 2026: What gets cheaper, what gets costlier

The Union Budget 2026-27 has delivered targeted relief for consumers, exporters and strategic industries, while tightening taxes and select goods or assets. The proposals aim to improve the quality of life, support domestic manufacturing and exports, and generate additional revenue from financial markets and sin products.

2026-02-01T11:45:45.628230+00:00 IST

Business

Budget for real economy that combines growth with inclusion

Sunil Bharti Mittal, Founder & Chairman, Bharti Enterprises welcoming the Union Budget called it a bold Budget that combines growth with inclusion. The strong emphasis on skilling, alongside sustained investments in science, innovation, and research are timely & will strengthen domestic capabilities, advancing import substitution in critical sectors.

2026-02-01T11:45:45.405420+00:00 IST

Business

Education budget raised by over 8 per cent for FY26-27

With education and skilling placed at the core of India's long-term growth strategy in the Union Budget 2026-27, the government has allocated Rs 1.39 lakh crore to the education ministry, marking an 8.27 per cent increase over the previous financial year.

2026-02-01T11:25:25.581347+00:00 IST